US Chamber of Commerce: Nuclear Verdicts’ Amount, Frequency Continue to Increase June 10, 2024 By Chad Hemenway A recent report from The U.S. Chamber of Commerce Institute for Legal Reform (ILR) has found that nuclear verdicts of...
California’s Capital Will See Temperatures Above 100F This Week June 10, 2024 By Brian K. Sullivan California’s Central Valley will have another round of searing temperatures that will boost energy demand this week, reaching a high...
People Moves: AXA XL Promotes Pearman to New Role of CUO, Bermuda; Lockton Re Taps Former Aon Execs for Marine & Energy Division, Lloyd’s Capital Unit June 10, 2024 This edition of International People details appointments at AXA XL and Lockton Re. A summary of these new hires follows...
Social Media Giants Avoid School Districts’ Addiction Claims June 10, 2024 By Rachel Graf and Isaiah Poritz Meta Platforms Inc. and other social media companies won the dismissal of novel claims in hundreds of lawsuits brought by...
All the Major Legal Battles Elon Musk and His Companies Are Facing June 10, 2024 By Rachel Graf Elon Musk and his companies are embroiled in dozens of lawsuits, ranging from fatal crashes blamed on Tesla Inc.’s Autopilot...
Car Maker Stellantis Extends Preventive Recall to Other Models Over Airbag Worries June 10, 2024 Car maker Stellantis has preventively extended a recall of vehicles with potentially faulty airbags to more Citroen and DS models,...
Marsh McLennan’s Carpenter Launches Capital & Advisory Group, Led by Schnieders June 10, 2024 Guy Carpenter, the reinsurance business unit of Marsh McLennan, announced the formation of the Capital & Advisory group as part...
US Military Confirms Houthi Missile Strikes on Two Ships in Gulf of Aden June 10, 2024 By Lisa Baertlein Yemen’s Houthi damaged two commercial vessels in missile attacks in the Gulf of Aden in the last 24 hours as...
Russian Oil Tanker Does Secret Cargo Switch Near Singapore to Dodge US Sanctions June 10, 2024 By Julian Lee The first Russian oil tanker attempting to deliver crude while under US sanctions made a secret cargo transfer onto another...
Global Reinsurance Sector Outlook Revised to Positive on Robust Profits, Tighter T&Cs June 10, 2024 The market segment outlook for the global reinsurance segment has been revised to positive from stable after the sector saw...